Date: 03/22/2000 10:06 AM
Subject: Eliminate selective disclosure
Please eliminate selective disclosure immediately. How can anyone suggest that
selective disclosure fits with any constitutional principle of equal justice ?
The recent sorry example of Reliastar Financial (RLR) shows clearly the
immediate and costly penalty to excluded investors. The full line brokerage
firms are attempting to protect their own information oligopoly. Who conferred
this position on them? Why do we need the expensive and time consuming
adversarial legal process to attain an obvious right ?
George Largay II